Shares in Value Logo
Product Review Img Vertical

Date : 29/01/2021

Hawkstone Mining (ASX:HWK) shares soar over 38% today. Learn Why.

Hawkstone Mining (ASX:HWK) Shares Soar Over 38% Today

On a day when global stock markets experienced a pull back across all sectors, Hawkstone is a mining stock that has been in the news for the right reasons. The stock soared 38% on the back of a very positive announcement.

The metallurgical testing of mineralisation that was being conducted at Hawkstone Mining’s Big Sandy lithium project brought back results that showed lithium recoveries in the 90% range. The early stage mining firm was able to rid lithium off iron, aluminium and magnesium successfully from the leach solution with minimum losses of lithium. The final stage of testing is now under progress where calcium and sodium are being removed. This can then be used to produce lithium carbonate that can be used in batteries.

Lithium and any commodity that is required in the push towards green energy are very price sensitive at the moment. Following new US President Joe Biden’s green energy push, where he already signed an executive order to reinstate the USA’s position in the Paris Agreement, lithium, copper, and several other mining stocks have been soaring. While a lot of commodities will play a role in the push towards green energy, lithium mining stocks have arguably the heaviest tailwinds supporting them.

Looking for Growth Stocks?

Growth stocks are potentially one of the hardest to pick as there are a lot of factors that need to be considered – from industry tailwinds to financial health of the individual stocks, and a lot of little things in between them. Shares in Value research team have picked their top 3 ASX stocks to buy in 2021. Click here to download the report for free.

Are You Looking To Buy The Best Stocks In 2022?

Stay on top of upcoming market trends. Whether you are a SMSF investor or a young investor we cover a wide range of stocks across all sectors including finance, industrials , real estate , technology, health and biotech etc to give you an edge to invest and trade with an advantage in the ASX listed stocks across large , mid and small caps.

Get stock tips with our Market Experts. We help self-directed investors and self-managed super funds (SMSF) make smarter investment decisions and get better returns. Fill in your details and download your free Report instantly for Top 3 Dividend Stocks to buy in 2022!


Top 5 ASX Stocks to buy in 2022

The hardest part when it comes to finding growth stocks is the ability to understand the finer details of these companies whether its valuations, first mover advantage, assets etc and factors at hand to make an informed decision.

Download your free Report

By downloading this report you agree to the TERMS AND CONDITIONS and our PRIVACY POLICY

Scroll to Top


By submitting this form, I agree to the TERMS AND CONDITIONS and PRIVATE POLICY